Trump Media & Technology Group Corp. (TMTG) has announced a $400 million stock repurchase program, continuing to develop a $2.3 billion Bitcoin acquisition strategy. These steps underscore the company's commitment to shareholder value and expanding its cryptocurrency assets.
Board Confirms Confidence Amid Crypto Pivot
The TMTG board approved the buyback of common stock and warrants to be conducted on the open market. All repurchased shares will be retired following SEC-compliant protocols, though no specific timeline was disclosed.
Devin Nunes, CEO and Chairman of Trump Media, stated that this program reflects a vote of confidence in the company and its strategic direction.
$2.3B Bitcoin Treasury Strategy Gathers Steam
Recently, TMTG confirmed its intention to follow MicroStrategy’s Bitcoin acquisition strategy, aiming to hold BTC as a core corporate asset. In May 2025, the firm raised $2.44 billion through a private placement, involving nearly 56 million shares and $1 billion in zero-coupon convertible notes.
ETF, Partnerships, and Expansion Ahead
The Truth.Fi branch has filed to launch a Bitcoin and Ethereum ETF, with plans for 75% allocation to BTC and 25% to ETH. Crypto.com will serve as the custodian and execution agent. TMTG is also planning to expand into energy ETFs via a partnership with Yorkville America Digital and Crypto.com, aiming to pioneer politically branded, crypto-integrated financial products.
With over $3 billion in cash reserves, TMTG is actively developing its cryptocurrency and media projects, aiming for sustainable growth and strengthening its market position.
